INDUSTRY NEWS (19 DECEMBER 2020)
Global economic outlook for next year
IT will be Christmas in a few more days and then 2021 begins. At this time, the globally economic outlook doesn’t look so good. Slowly but surely, the Covid-19 pandemic is taking its toll. Overall, policy makers feel something needs to be done. Politically, that’s not so easy.
AMONG the mega projects that Malaysia has, the Kuala Lumpur-Singapore High Speed Rail (HSR) has gone through many backs-andforths. The two-year deferral for the 350km project ends in 12 days and latest developments seem to point at Malaysia going at it alone. A recent…
Inflation to make a comeback in 2021, but only mildly
Inflation is likely to make a comeback in 2021 after a deflationary trend this year as the Covid-19 pandemic supressed demand for goods and services. Economists surveyed by Bloomberg are projecting a decline of 1.5% in November in the consume r price index (CPI), which …
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